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Big Oil is under pressure, unloved and on sale

  • Norway wants to dump its stakes in oil and gas companies
  • Proposal adds to doubts over industry’s long-term outlook

Big Oil is under pressure, unloved and on sale.

Energy giants from Exxon Mobil Corp. to Royal Dutch Shell Plc are struggling back to their feet after a three-year oil slump, while also fighting to prove they can survive for decades to come amid an accelerating shift to clean energy. So getting dumped by the world’s biggest investment fund wouldn’t be welcome news.

Norway’s $1 trillion sovereign wealth fund said on Thursday that it wants to sell about $35 billion of shares in oil and gas companies to make the nation “less vulnerable” to a drop in crude prices. Global energy giants favored by long-term investors including Italy’s Eni SpA, PetroChina Ltd. and Russia’s Gazprom PJSC account for more than $20 billion of that total. read more

Activist warns of cracker plant consequences

Mark Dixon discussed the hazards of having an ethane cracker plant close to Pittsburgh during a talk in the William Pitt Union Assembly Room Wednesday evening. (Photo by Issi Glatts | Staff Photographer)

Remy Samuels: Staff Writer: November 16, 2017

When Mark Dixon found out Shell Oil Company planned to build a petrochemical plant in nearby Beaver County, he immediately thought of the pollution and environmental devastation that would soon take place there. “It really pissed me off,” Dixon said. FULL ARTICLE read more

22nd Execution Anniversary Date of the Ogoni 9

The ‘Ogoni 9’ were executed on this day 22 years ago, all victims of a trumped-up case brought by the corrupt despotic Abacha Nigerian regime in collusion with its evil partner in crime, Royal Dutch Shell.

The widows of those murdered include Esther Kiobel who has been seeking justice ever since. Her husband, Dr. Barinem Nubari Kiobel was born in Kpor, Rivers State, Nigeria, on 23 September 1959. Between 1979 and 1992 he lived in the UK, where he obtained a doctorate at the University of Glasgow. In 1992 he returned to Nigeria, where he accepted a senior lecturer position at the University of Science and Technology in Port Harcourt.

Dr. Kiobel later became Honourable Commissioner of the Ministry of Trade, Industry and Tourism of Rivers State province. In this role he acted as a link between the government and the Ogoni. During his work as Commissioner, despite the potential danger of doing so, he publicly expressed criticism of the regime’s activities in Ogoniland. A fatal course of action.  read more

Anger Seethes on Margins of Historic Oil Cleanup in Nigeria’s Delta

Bodo received support from British law firm Leigh Day, which negotiated a 55 million-pound pollution settlement with Shell in 2015.

Nearly a decade after two catastrophic oil spills in the Niger Delta, a comprehensive cleanup has finally been launched in the southern Nigerian region.

Oil companies and activists hope it will be a blueprint for wider rehabilitation, but other badly polluted communities are unhappy not to be included.

Earlier this month, crews of young men equipped with high-pressure hoses began to attack the crude oil that has blighted the creeks and mangrove swamps in the area where they live.

The workers from Bodo in Rivers State are beginning a three-year project that claims to mark a new approach to cleaning up the delta, the vast polluted swampland that pumps the oil vital to Africa’s largest economy. read more

Shell warned against resuming operations in Ogoni

By Jimitota Onoyume PORT HAR-COURT— 9 November 2017

THE people of Ogoni have again enjoined the Federal Government to ensure that oil giant, Shell Petroleum Development Company, SPDC, does not resume operations in the area. National Coordinator, Ken Sarowiwa Associates, Chief Gani Tobpa, in a statement in Port Harcourt, Rivers State, also called on companies intending to operate OML 11 to disclose how they will protect Ogoni communities from another round of environmental pollution, adding that they should also indicate how they would create a robust economy for the people. “Ken Saro Wiwa Associates condemns in strong terms the continued romance among the Federal Government, Nigerian National Petroleum Corporation, NNPC, and SPDC with respect to oil exploration activities in OML 11. We call on the Federal Government to revoke the Oil Mining Lease given to SPDC. FULL ARTICLE read more

Level 1 event prompts flaring at Shell Monday, ‘No health impacts,’ company says

November 8, 2017

MARTINEZ, Calif. – Shell Martinez Refinery experienced an unspecified “Level 1” event Monday afternoon, forcing the plant to use flaring to combust excess gas, refinery officials said. Some residents were alarmed to see flames from the stacks, but Ann Notarangelo, external relations manager for Shell Martinez Refinery said the flaring was a proper approach. FULL ARTICLE

Court of Appeal to hear Nigerian villagers’ pollution claims against Shell

November 8 2017

On 21 November 2017, the Court of Appeal will hear an appeal on behalf of over 40,000 villagers from the Ogale and Bille communities from the Niger Delta in the latest stage of their legal battle against the oil giant Shell.

The villagers claim that they have been severely impacted by years of oil pollution from pipelines owned by Shell and that both the London based parent company, Royal Dutch Shell Plc., and its Nigerian subsidiary, Shell Petroleum Development Company of Nigeria, are responsible for the pollution. read more

Anger seethes on margins of historic clean-up in Nigeria’s Delta

Libby George: November 8, 2017

PORT HARCOURT, Nigeria (Reuters) – Nearly a decade after two catastrophic oil spills in the Niger Delta, a comprehensive clean-up has finally been launched in the southern Nigerian region. Oil companies and activists hope it will be a blueprint for wider rehabilitation but other badly polluted communities are unhappy not to be included. Earlier this month, crews of young men equipped with high pressure hoses began to attack the crude oil that has blighted the creeks and mangrove swamps in the area where they live. The workers from Bodo in Rivers State are beginning a three-year project that claims to mark a new approach to cleaning up the delta, the vast polluted swampland that pumps the oil vital to Africa’s largest economy. FULL ARTICLE read more

Shell Reports Emissions at Deer Park, Texas Facility

By Dan Molinski Dow Jones Newswires

Royal Dutch Shell PLC has reported above-normal emissions from its Deer Park, Texas, refining and chemical facility.

In a statement to the Texas Commission on Environmental Quality, Shell said that on Monday afternoon “a valve on the outlet of Coke Drum 5 failed, allowing the vessel to pressure up and relieve to the flare system. The pressure exceeded the capacity of the flare gas recovery system, allowing vents to be routed directly to the flare.” read more

Nigeria: Oil Spill Victims Sue Shell in UK Over Alleged $3.6 Bn Compensation

Asaba — Oil spill victims under the aegis of Oil Spill Victims Vanguard (OSPIVV) have initiated a lawsuit in the United Kingdom against Shell Nigeria Exploration and Production Company (SNEPCO), a subsidiary of the Royal-Dutch Shell Plc., over alleged $3, 600,191, 206 compensation to 168,000 persons and 350 communities affected by the December 20, 2011 spill from its Bonga Oil Field in Delta State.

The group’s Executive Director, Harrison Jalla in a statement, said the move was to ensure accelerated hearing and justice. read more

Shell is a monster says MOSOP official

The Movement for the Survival of the Ogoni People (MOSOP) has described as frightening and condemnable, the Nigerian Government’s tacit endorsement of  abuses against the Ogoni people by Shell Petroleum Development Company of Nigeria. Publicity Secretary of MOSOP Fegalo Nsuke, made this known while speaking to participants of the Ogoni Peace Match in Bori on Thursday October 26. Nsuke said it was shameful that the Nigerian state, with representation on the U.N. Human Rights Commission will be stinking with abuses and is failing to address the problem in over 2 decades since the Ogoni people rose to challenge these abuses perpetrated against the flock by Shell Petroleum.

Nsuke said the situation in Ogoniland is degenerating with lots of people being endangered without a voice to speak out to the world.

Citing the incident of Thursday where soldiers dispersed a crown of peaceful protestors in Tai, Nsuke said he was assaulted by one of the soldiers simply because he took photographs. He said a female reporter for The Nation newspaper was also assaulted by another soldier for recording a speech by the media aide to the MOSOP President, Bari-ala Kpalap.

The MOSOP spokesman however assured that the Ogoni people led by MOSOP will not give up on the struggle for a free Ogoniland neither will the battle to secure a future for the Ogoni people be lost. read more

Shell Reports Emissions at Deer Park, Texas, Plant

Features Dow Jones Newswires

Royal Dutch Shell PLC (RDSA RDSB) reported emissions from its Deer Park, Texas, refinery and chemical facility following a leak of benzene.

In a statement to the Texas Commission on Environmental Quality, Shell said the emissions event happened Wednesday over a four-hour period. The cause, it said, was rooted in an Oct. 10 incident in which “a flange leak occurred at the Phenol 2 unit.”

The refinery said the flange leak is ongoing, and the material released is benzene, which is a component of crude oil that has carcinogenic properties. read more

MOSOP claims 5000 anti-Shell protestors dispersed by Nigerian soldiers

By Fegalo Nsuke

Nigerian soldiers have forcefully dispersed about 5000 peaceful protestors in Ogoni this morning. Reports reaching us indicate that some of the protestors were brutalized and injured.

Spokesman for the protestors, A. Maabana said they were protesting against the forceful entry into Ogoni by Shell without consultations with The Movement for the Survival of the Ogoni People (MOSOP).

Maabana said the protestors carried green leaves calling on Shell to leave Ogoni when they were intercepted by a large number of Nigerian soldiers who beat them up forcing them to disperse for their safety.

At the time of filing this report, Maabana says the protestors were increasing in number and have regrouped around Nonwa in Tai Local Government Area and will go on with the protest against Shell.

We will keep you undated on this story.

Fegalo Nsuke Publicity Secretary The Movement for the Survival of the Ogoni People(MOSOP) Port Harcourt October 26, 2017

MOSOP Condemns Shell’s Destruction of Ogoni Farmlands

The Movement for the Survival of the Ogoni People (MOSOP) strongly condemn the conscienceless destruction of crops in Ogoniland by the Shell Petroleum Development Company in Nigeria with the backing of heavily armed Nigerian soldiers.

MOSOP considers the action of Shell to be callous, insensitive and a complete negation of the principles of business in any civilized society.

We note that Shell’s conduct in Ogoniland in recent weeks do not only threaten food security but is also leading to apprehension with attendant heart related problems for our people. read more

Group drags Shell to London court over 2011 Nigeria Bonga oil spill

A Non-Governmental Organisation has filed a suit in a London court against Shell Nigeria Exploration & Production Company, SNEPCO, over a 2011 oil spill in Nigeria’s Niger Delta region.

The NGO, the Oil Spills Victims Vanguard, filed the case on September 21 at the TTC High Court of Justice, London, on behalf of the victims of the Bonga oil spill.

The spill, said to have been caused by an operational error on the part of SNEPCO, had about 40,000 barrels of crude oil discharged into the Atlantic Ocean, and affected at least 350 communities in Delta and Bayelsa states. read more

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